Western Financial Corp
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 21, 2025), Western Financial Corp reported 120 stock positions worth $229.8 million. Its top holding was Enterprise Financial Service (EFSC) at 14.7% of the portfolio, followed by Arrowhead Pharmaceuticals (ARWR, 12.3%) and Wells Fargo (WFC, 3.5%). Compared with Q2 2025, it opened 7 new positions, sold out of 9, added to 57 and reduced 53. The biggest buy was a new position in Advanced Micro Devices (AMD) and the biggest sale Costco Wholesale (COST, shares −82%).
- Most Recent 13F
- Q2 2026
- Location
- SAN DIEGO, CA
- CIK
- 0001954480
- Portfolio Value
- $229.8M (Q3 2025)
- SEC Filing
- 0001954480-25-000003 ↗ filed Oct 21, 2025
Holdings Value
Holdings 120 stocks · $229.8M
| EFSC Enterprise Financial Service | 14.71% | 582,933 | $33.8M | Add +9.1% |
| ARWR Arrowhead Pharmaceuticals Inc. | 12.31% | 820,239 | $28.3M | No change |
| WFC Wells Fargo & Co. | 3.53% | 96,784 | $8.1M | Add +12.1% |
| PLTR Palantir Technologies Inc. Class A | 3.39% | 42,738 | $7.8M | Add +12.8% |
| NFLX Netflix Inc. | 3.01% | 5,765 | $6.9M | Add +26.9% |
| GE General Electric filed as GE AEROSPACE | 2.62% | 20,036 | $6.0M | Add +8.4% |
| AMD Advanced Micro Devices | 1.77% | 25,154 | $4.1M | New |
| CRWD CrowdStrike Holdings Inc. Class A | 1.65% | 7,743 | $3.8M | Add +75.7% |
| APP AppLovin Corp. Class A | 1.64% | 5,256 | $3.8M | Add +208.1% |
| GS Goldman Sachs Group Inc. | 1.55% | 4,460 | $3.6M | Add +24.0% |
| CTAS Cintas Corp. | 1.52% | 17,071 | $3.5M | Add +27.9% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 1.51% | 31,951 | $3.5M | Add +24.7% |
| AXP American Express Co. | 1.45% | 10,026 | $3.3M | Add +32.3% |
| WMT Walmart Inc. | 1.44% | 32,217 | $3.3M | Add +39.6% |
| MMM 3M Co. | 1.41% | 20,866 | $3.2M | Add +42.8% |
| PM Philip Morris International | 1.31% | 18,562 | $3.0M | Add +55.9% |
| META Meta Platforms Inc. Class A | 1.20% | 3,750 | $2.8M | Add +0.5% |
| TSLA Tesla Inc. | 1.13% | 5,823 | $2.6M | Reduce -2.5% |
| DASH DoorDash Inc. Class A | 1.06% | 8,930 | $2.4M | Reduce -9.8% |
| ORLY O'reilly Automotive Inc. | 1.04% | 22,214 | $2.4M | Add +0.3% |
| TMUS T-Mobile US Inc. | 1.04% | 9,952 | $2.4M | Add +3.5% |
| AZO AutoZone Inc. | 1.01% | 540 | $2.3M | Add +0.4% |
| GOVT iShares US Treasury Bond ETF | 1.00% | 99,271 | $2.3M | Reduce -0.0% |
| GEV GE Vernova Inc. | 0.99% | 3,701 | $2.3M | Add +62.6% |
| COIN Coinbase Global Inc. Class A | 0.94% | 6,384 | $2.2M | New |
| WELL Welltower Inc. | 0.92% | 11,874 | $2.1M | Add +1.7% |
| RCL Royal Caribbean Cruises Ltd. | 0.91% | 6,459 | $2.1M | Reduce -25.1% |
| TDG Transdigm Group Inc. | 0.86% | 1,501 | $2.0M | Add +3.2% |
| APO Apollo Global Management Inc. | 0.85% | 14,583 | $1.9M | Add +1.6% |
| BSX Boston Scientific Corp. | 0.81% | 19,171 | $1.9M | Add +8.9% |
| TTWO Take-Two Interactive Softwre | 0.81% | 7,166 | $1.9M | Add +99.5% |
| NVDA Nvidia Corp. | 0.80% | 9,846 | $1.8M | New |
| SHOP Shopify Inc. Class A | 0.77% | 11,932 | $1.8M | Add +432.4% |
| MSTR Strategy Inc. | 0.74% | 5,271 | $1.7M | Reduce -25.9% |
| STX Seagate Technology Holdings | 0.74% | 7,168 | $1.7M | New |
| MA Mastercard Inc. Class A | 0.72% | 2,911 | $1.7M | Add +1.7% |
| AXON Axon Enterprise Inc. | 0.69% | 2,203 | $1.6M | Add +147.0% |
| RBLX Roblox Corp. Class A | 0.65% | 10,862 | $1.5M | Reduce -21.9% |
| IBKR Interactive Brokers Gro Class A | 0.64% | 21,384 | $1.5M | Reduce -12.3% |
| HWM Howmet Aerospace Inc. | 0.64% | 7,482 | $1.5M | Reduce -0.2% |
| NET Cloudflare Inc. Class A | 0.63% | 6,793 | $1.5M | Reduce -18.9% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.63% | 33,416 | $1.4M | Reduce -1.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.63% | 5,114 | $1.4M | Add +20.5% |
| PWR Quanta Services Inc. | 0.62% | 3,436 | $1.4M | Reduce -5.2% |
| TLT iShares 20+ Year Treasury BD | 0.61% | 15,645 | $1.4M | Reduce -1.4% |
| SHV iShares 0-1 Year Treasury Bo | 0.59% | 12,291 | $1.4M | Reduce -3.8% |
| HLT Hilton Worldwide Holdings Inc. | 0.55% | 4,883 | $1.3M | Add +0.3% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.54% | 2,724 | $1.2M | New |
| ZS Zscaler Inc. | 0.53% | 4,098 | $1.2M | New |
| COF Capital One Financial Corp. | 0.52% | 5,628 | $1.2M | Reduce -2.8% |
| MAR Marriott International Class A | 0.51% | 4,487 | $1.2M | Add +0.8% |
| PODD Insulet Corp. | 0.50% | 3,742 | $1.2M | Add +10.5% |
| EQT Eqt Corp. | 0.49% | 20,674 | $1.1M | Add +20.2% |
| AVGO Broadcom Inc. | 0.49% | 3,402 | $1.1M | Reduce -17.6% |
| ARES Ares Management Corp. Class A | 0.48% | 6,913 | $1.1M | Add +0.2% |
| TRGP Targa Resources Corp. | 0.47% | 6,434 | $1.1M | Add +4.5% |
| APH Amphenol Corp. Class A | 0.46% | 8,527 | $1.1M | Reduce -9.0% |
| AAPL Apple Inc. | 0.45% | 4,070 | $1.0M | Reduce -1.2% |
| BSCS Invesco Bulletshares 2028 CB | 0.43% | 48,146 | $990K | Reduce -1.4% |
| PAYX Paychex Inc. | 0.43% | 7,729 | $980K | Add +8.0% |
| BSCT Invesco Bulletshares 2029 CB | 0.41% | 50,621 | $952K | Reduce -1.1% |
| MCK McKesson Corp. | 0.41% | 1,231 | $951K | Add +2.3% |
| ORCL Oracle Corp. | 0.39% | 3,153 | $887K | Reduce -25.0% |
| BSCQ Invesco Bulletshares 2026 CB | 0.38% | 44,431 | $869K | Add +2.0% |
| BSCP Invesco Bulletshares 2025 CB | 0.38% | 41,724 | $863K | Add +2.1% |
| PANW Palo Alto Networks Inc. | 0.38% | 4,236 | $863K | Reduce -6.0% |
| BSCR Invesco Bulletshares 2027 CB | 0.37% | 42,753 | $843K | Reduce -0.3% |
| KKR KKR & Co. Inc. | 0.36% | 6,301 | $819K | Reduce -0.8% |
| JPM JPMorgan Chase & Co. | 0.35% | 2,582 | $814K | Reduce -2.3% |
| VZ Verizon Communications Inc. | 0.35% | 18,522 | $814K | Add +1.4% |
| BANC Banc of California Inc. | 0.35% | 48,845 | $808K | Add +0.1% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.34% | 2,574 | $792K | Reduce -1.9% |
| BX Blackstone Inc. | 0.34% | 4,629 | $791K | Reduce -0.9% |
| PH Parker Hannifin Corp. | 0.34% | 1,036 | $786K | Reduce -5.2% |
| WMB Williams Cos Inc. | 0.34% | 12,265 | $777K | Add +9.5% |
| PGR Progressive Corp. | 0.33% | 3,097 | $765K | Add +13.4% |
| TT Trane Technologies PLC | 0.32% | 1,732 | $731K | Reduce -1.3% |
| ISRG Intuitive Surgical Inc. | 0.31% | 1,607 | $719K | Reduce -46.5% |
| FALN iShares Fallen Angels ETF | 0.31% | 25,633 | $712K | Reduce -1.4% |
| NOW ServiceNow Inc. | 0.31% | 771 | $710K | Add +5.6% |
| FLOT iShares Floating Rate Bond E | 0.30% | 13,635 | $697K | Reduce -1.0% |
| AMZN Amazon.com Inc. | 0.29% | 3,032 | $666K | Add +0.9% |
| SCHZ Schwab US Aggregate Bond ETF | 0.28% | 27,111 | $636K | Reduce -0.6% |
| ARCC Ares Capital Corp. | 0.25% | 28,199 | $576K | Add +2.4% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.24% | 11,584 | $541K | Reduce -1.8% |
| GOOG Alphabet Inc. Class C | 0.23% | 2,200 | $536K | Reduce -9.3% |
| T AT&T Inc. | 0.22% | 18,006 | $508K | Add +9.1% |
| V Visa Inc. Class A | 0.22% | 1,486 | $507K | Add +2.9% |
| SPG Simon Property Group Inc. | 0.22% | 2,679 | $503K | Add +6.2% |
| COST Costco Wholesale Corp. | 0.22% | 541 | $501K | Reduce -82.0% |
| XTEN Bondbloxx BBG 10Y US TSY ETF | 0.21% | 10,448 | $487K | Add +1.1% |
| LIN Linde PLC | 0.20% | 991 | $471K | Add +13.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.20% | 908 | $456K | Add +8.7% |
| GILD Gilead Sciences Inc. | 0.20% | 4,058 | $450K | Reduce -12.8% |
| BKNG Booking Holdings Inc. | 0.19% | 81 | $438K | No change |
| MBB iShares MBS ETF | 0.18% | 4,314 | $410K | Reduce -1.7% |
| CVX Chevron Corp. | 0.17% | 2,468 | $383K | Add +0.4% |
| PFE Pfizer Inc. | 0.15% | 13,178 | $336K | Add +1.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.14% | 4,179 | $327K | Reduce -14.4% |
| GOOGL Alphabet Inc. Class A | 0.14% | 1,340 | $326K | Add +0.1% |
Portfolio Sells Q2 2025 → Q3 2025
| COST Costco Wholesale Corp. | Reduce -82.0% | 0.22% | −1.38 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −1.06 |
| MSTR Strategy Inc. | Reduce -25.9% | 0.74% | −0.80 |
| GDDY GoDaddy Inc. Class A | Sold out | 0.00% | −0.62 |
| ISRG Intuitive Surgical Inc. | Reduce -46.5% | 0.31% | −0.56 |
| CPRT Copart Inc. | Sold out | 0.00% | −0.56 |
| TPL Texas Pacific Land Corp. | Sold out | 0.00% | −0.55 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -25.1% | 0.91% | −0.54 |
| HD Home Depot Inc. | Reduce -74.6% | 0.11% | −0.37 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.36 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −0.33 |
| DASH DoorDash Inc. Class A | Reduce -9.8% | 1.06% | −0.25 |
| NET Cloudflare Inc. Class A | Reduce -18.9% | 0.63% | −0.24 |
| GOVT iShares US Treasury Bond ETF | Reduce -0.0% | 1.00% | −0.22 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -3.8% | 0.59% | −0.17 |
| SHYG iShares 0-5 YR HY Corp. Bond | Reduce -1.8% | 0.63% | −0.16 |
| KBWP Invesco KBW Property & Casua | Sold out | 0.00% | −0.16 |
| TLT iShares 20+ Year Treasury BD | Reduce -1.4% | 0.61% | −0.14 |
| COF Capital One Financial Corp. | Reduce -2.8% | 0.52% | −0.14 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.13 |
| RBLX Roblox Corp. Class A | Reduce -21.9% | 0.65% | −0.13 |
| AVGO Broadcom Inc. | Reduce -17.6% | 0.49% | −0.12 |
| PANW Palo Alto Networks Inc. | Reduce -6.0% | 0.38% | −0.12 |
| PWR Quanta Services Inc. | Reduce -5.2% | 0.62% | −0.11 |
| HWM Howmet Aerospace Inc. | Reduce -0.2% | 0.64% | −0.11 |
| ORCL Oracle Corp. | Reduce -25.0% | 0.39% | −0.11 |
| BSCS Invesco Bulletshares 2028 CB | Reduce -1.4% | 0.43% | −0.11 |
| BSCT Invesco Bulletshares 2029 CB | Reduce -1.1% | 0.41% | −0.10 |
| KKR KKR & Co. Inc. | Reduce -0.8% | 0.36% | −0.10 |
| TT Trane Technologies PLC | Reduce -1.3% | 0.32% | −0.09 |
| BSCR Invesco Bulletshares 2027 CB | Reduce -0.3% | 0.37% | −0.08 |
| IBKR Interactive Brokers Gro Class A | Reduce -12.3% | 0.64% | −0.08 |
| GILD Gilead Sciences Inc. | Reduce -12.8% | 0.20% | −0.08 |
| FLOT iShares Floating Rate Bond E | Reduce -1.0% | 0.30% | −0.07 |
| FALN iShares Fallen Angels ETF | Reduce -1.4% | 0.31% | −0.07 |
| PH Parker Hannifin Corp. | Reduce -5.2% | 0.34% | −0.07 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -0.6% | 0.28% | −0.06 |
| PPA Invesco Aerospace & Defense | Reduce -23.0% | 0.14% | −0.06 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -1.8% | 0.24% | −0.06 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -1.9% | 0.34% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -2.3% | 0.35% | −0.06 |
| PNQI Invesco Nasdaq Internet ETF | Reduce -19.6% | 0.13% | −0.06 |
| GGME Invesco Next Gen Media and G | Reduce -18.4% | 0.13% | −0.06 |
| PEJ Invesco Leisure & Entertainm | Reduce -15.8% | 0.13% | −0.05 |
| PHO Invesco Water Resources ETF | Reduce -16.4% | 0.12% | −0.05 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -14.4% | 0.14% | −0.05 |
| SAN Banco Santander SA-Spon ADR | Sold out | 0.00% | −0.04 |
| PRN Invesco Dorsey Wright Indus | Reduce -17.6% | 0.12% | −0.04 |
| IVW iShares S&P 500 Growth ETF | Reduce -16.2% | 0.13% | −0.04 |
| MBB iShares MBS ETF | Reduce -1.7% | 0.18% | −0.04 |
Portfolio Buys Q2 2025 → Q3 2025
| AMD Advanced Micro Devices | New | 1.77% | +1.77 |
| APP AppLovin Corp. Class A | Add +208.1% | 1.64% | +1.32 |
| COIN Coinbase Global Inc. Class A | New | 0.94% | +0.94 |
| NVDA Nvidia Corp. | New | 0.80% | +0.80 |
| STX Seagate Technology Holdings | New | 0.74% | +0.74 |
| SHOP Shopify Inc. Class A | Add +432.4% | 0.77% | +0.63 |
| PLTR Palantir Technologies Inc. Class A | Add +12.8% | 3.39% | +0.63 |
| ALNY Alnylam Pharmaceuticals Inc. | New | 0.54% | +0.54 |
| ZS Zscaler Inc. | New | 0.53% | +0.53 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +75.7% | 1.65% | +0.45 |
| GEV GE Vernova Inc. | Add +62.6% | 0.99% | +0.34 |
| TTWO Take-Two Interactive Softwre | Add +99.5% | 0.81% | +0.34 |
| AXON Axon Enterprise Inc. | Add +147.0% | 0.69% | +0.29 |
| BNY Bank of New York Mellon Corp. | Add +24.7% | 1.51% | +0.26 |
| WMT Walmart Inc. | Add +39.6% | 1.44% | +0.24 |
| MMM 3M Co. | Add +42.8% | 1.41% | +0.22 |
| GS Goldman Sachs Group Inc. | Add +24.0% | 1.55% | +0.18 |
| AXP American Express Co. | Add +32.3% | 1.45% | +0.15 |
| PM Philip Morris International | Add +55.9% | 1.31% | +0.15 |
| PBW Invesco Wilderhill Clean Ene | New | 0.11% | +0.11 |
| GE General Electric | Add +8.4% | 2.62% | +0.07 |
| GOOGL Alphabet Inc. Class A | Add +0.1% | 0.14% | +0.02 |
| SPG Simon Property Group Inc. | Add +6.2% | 0.22% | +0.00 |
| BANC Banc of California Inc. | Add +0.1% | 0.35% | −0.02 |
| LIN Linde PLC | Add +13.0% | 0.20% | −0.02 |
| BDJ BlackRock Enhanced Eqty DVD | Add +2.1% | 0.09% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +8.7% | 0.20% | −0.02 |
| IAGG iShares Intl Aggregate Bond | Add +1.5% | 0.10% | −0.02 |
| CVX Chevron Corp. | Add +0.4% | 0.17% | −0.02 |
| PFE Pfizer Inc. | Add +1.1% | 0.15% | −0.02 |
| BINC iShares Flex I A ETF-Usd Inc. | Add +1.3% | 0.13% | −0.03 |
| ORLY O'reilly Automotive Inc. | Add +0.3% | 1.04% | −0.03 |
| T AT&T Inc. | Add +9.1% | 0.22% | −0.03 |
| WMB Williams Cos Inc. | Add +9.5% | 0.34% | −0.04 |
| WELL Welltower Inc. | Add +1.7% | 0.92% | −0.04 |
| IBM Intl Business Machines Corp. | Add +20.5% | 0.63% | −0.04 |
| XTEN Bondbloxx BBG 10Y US TSY ETF | Add +1.1% | 0.21% | −0.04 |
| EQT Eqt Corp. | Add +20.2% | 0.49% | −0.05 |
| V Visa Inc. Class A | Add +2.9% | 0.22% | −0.05 |
| PGR Progressive Corp. | Add +13.4% | 0.33% | −0.06 |
| MCK McKesson Corp. | Add +2.3% | 0.41% | −0.06 |
| AZO AutoZone Inc. | Add +0.4% | 1.01% | −0.06 |
| AMZN Amazon.com Inc. | Add +0.9% | 0.29% | −0.06 |
| PODD Insulet Corp. | Add +10.5% | 0.50% | −0.07 |
| VZ Verizon Communications Inc. | Add +1.4% | 0.35% | −0.07 |
| CTAS Cintas Corp. | Add +27.9% | 1.52% | −0.07 |
| ARCC Ares Capital Corp. | Add +2.4% | 0.25% | −0.07 |
| BSCP Invesco Bulletshares 2025 CB | Add +2.1% | 0.38% | −0.08 |
| BSCQ Invesco Bulletshares 2026 CB | Add +2.0% | 0.38% | −0.08 |
| NOW ServiceNow Inc. | Add +5.6% | 0.31% | −0.09 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 132 | $341.5M | ARWR, EFSC, INTC, STX, LRCX |
| Q1 2026 | 127 | $255.5M | ARWR, EFSC, WFC, INTC, GE |
| Q4 2025 | 113 | $252.1M | ARWR, EFSC, WFC, AMD, GE |
| Q3 2025 | 120 | $229.8M | EFSC, ARWR, WFC, PLTR, NFLX |
| Q2 2025 | 122 | $186.6M | EFSC, ARWR, WFC, NFLX, PLTR |
| Q1 2025 | 121 | $172.1M | EFSC, ARWR, WFC, NFLX, META |
| Q4 2024 | 127 | $182.0M | EFSC, ARWR, WFC, NFLX, META |
| Q3 2024 | 120 | $176.2M | EFSC, ARWR, WFC, META, NFLX |
| Q2 2024 | 116 | $165.6M | EFSC, ARWR, WFC, NVDA, GOVT |
| Q1 2024 | 114 | $163.2M | EFSC, ARWR, WFC, GOVT, NVDA |